On another note, just because your offer isn't close, as you said in your narrative, doesn't mean you're wrong with your offer price.

The market is somewhat competitive, with homes receiving multiple offers and selling quickly, but there are still good opportunities with strong cap rates and value-add potential.Advantages of investing in a Rochester multifamily property:1.

I was sent an offering memo by a broker selling a multi-family building in an area no reasonable person would even consider affordable housing material yet the marketing materials made a point of emphasis to detail how the property would satisfy the need for affordable housing.

Jonathan Having worked most of those markets (Detroit included), I'd say most all of them will offer investors a very similar return.

This is an area that home inspectors typically do not cover in their reports.

These straightforward requirements make the process accessible and convenient for buyers.The initial setup costs typically range between $500 and $1,200 USD, while annual maintenance fees are generally between $500 and $700 USD.

Typically, you are not required to pay FICA taxes on the salary deferred to a Solo 401(k) in 2024.

Financial/Investing/Real Estate YouTube channels typically make $6-8 per 1000 views. 

I'll add that you must manage yourself for at least a year (all four seasons, etc.) to have a real understanding of what you want done and how much you would value what is offered by STR PM.

I work with several private & hard money lenders who specialize in funding BRRRR projects and can offer more flexibility and quicker turnaround times than traditional banks.